DOE Funding (no bills). BASF supports appropriations and funding for Dept. of Energy programs related to efficiency, energy codes, ARPA-E (innovation), and existing/obligated funding for contracts, programs authorized by Congress, and previous agreements. Biobased Technologies (P.L.117-169 Inflation Reduction Act). BASF supports the Section 45Z tax credit, expansion of related incentives, and other support for the use of biobased technologies.
2023 Farm Bill (H.R.8467 -- Farm, Food, and National Security Act of 2024). Among other things, BASF supports the inclusion of language related to mass balance in the new Farm Bill.
Chemical facility security (no bills). BASF supports FAA establishing a critical infrastructure designation over chemical facilities as well as the use of countermeasures to protect against unauthorized drone flights. BASF also advocates for policies to promote physical and cyber security, and safety at chemical plants across our supply chain.
Longshoreman Port Strike and Section 301 Investigation on China's Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance (no bills). BASF supports policies that encourage cost-effective, reliable, and sustainable logistics and supply chain networks as supply chain disruptions and problems in multi-modal transportation systems can have significant economic and safety impacts across the economy.
Tarrifs. (H.R.8398 Miscellaneous Tariff Bill Reform Act). BASF supports the temporary reduction or suspension of duties on imports of goods not domestically produced.
Tariffs (no bills). BASF supports a strategic approach to tariffs to ensure that they do not unintentionally affect imported goods needed for investment and production expansion in the U.S.
Chemical facility security (no bills). BASF supports FAA establishing a critical infrastructure designation over chemical facilities as well as the use of countermeasures to protect against unauthorized drone flights. BASF also advocates for policies to promote physical and cyber security, and safety at chemical plants across our supply chain.
Chemical facility security (no bills). BASF supports FAA establishing a critical infrastructure designation over chemical facilities as well as the use of countermeasures to protect against unauthorized drone flights. BASF also advocates for policies to promote physical and cyber security, and safety at chemical plants across our supply chain. Plastics (S.351 - STEWARD Act). BASF supports policies to promote recycling and composting, and to improve and enhance recovery and recycling infrastructure, rather than ban or tax certain products. Open Competition (no bills). BASF supports public policies that ensure open, competitive bidding procedures be used for selection of materials for federally-funded infrastructure projects. Microplastics (no bills). BASF supports public policies that seek to reduce plastic pollution in the environment, including pollution from nanoplastics and microplastics.
S.1863/H.R.7198 - PROVE IT Act, S.3198 - Foreign Pollution Fee Act and S.4355/H.R. 6622 - Clean Competition Act. BASF supports carbon leakage solutions that create a level global playing field for low product carbon footprint products and are consistent with WTO obligations and other applicable agreements. Plastics (S.351 - STEWARD Act). BASF supports policies to promote recycling and composting, and to improve and enhance recover and recycling infrastructure, rather than ban or tax certain products. Open Competition (no bills). BASF supports public policies that ensure open, competitive bidding procedures be used for selection of materials for federally-funded infrastructure projects. Microplastics (no bills). BASF supports public policies that seek to reduce plastic pollution in the environment, including pollution from nanoplastics and microplastics. Global Plastics Treaty (no bills). BASF supports the development of a global plastics treaty to eliminate plastic pollution and the use of all innovative recycling technologies to achieve this goal. Implementation of 2016 reforms to Toxic Substances Control Act [P.L.94-469]. BASF supports regulatory processes that are science-based, transparent, and stable, as well as increased EPA funding and staffing and increased regulatory efficiency so that safe, sustainable chemistries can reach the market in a timely manner.
Expiration of P.L.115-97 (Tax Cut and Jobs Act (TCJA)). BASF supports certainty in the business tax environment and a corporate tax rate that allows an appropriate return on investment, as well as immediate R&D expensing, a more flexible standard for interest deductibility, and full expensing of capital equipment purchases. Redrafting/Revising Renewable Chemical Act (previously H.R.6532/S.4931 in 118th session). BASF supports approaches that improve accessibility, usability, and recognition of mass balance accounting methodology.